Office Space
340 North Avenue East Cranford, NJ 07016
Details & Description
Price: $6,700,000
    Fully Leased, Three Story Office Building for Sale
    Property Highlights
    Additional Photos
    Listing Agents
    Douglas Sitar

    O: 732-283-9000
    M: 732-859-2144
    dsitar@sitarcompany.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    340 North Avenue East

    Cranford, NJ 07016

    Listing ID: 281245
    • 340 North Avenue East Cranford, NJ 07016 | for Sale | Photo 1
    • 340 North Avenue East Cranford, NJ 07016 | for Sale | Photo 2
    • 340 North Avenue East Cranford, NJ 07016 | for Sale | Photo 3
    • 340 North Avenue East Cranford, NJ 07016 | for Sale | Photo 4
    340 North Avenue East | for Sale | Thumbnail 1
    340 North Avenue East | for Sale | Thumbnail 2
    340 North Avenue East | for Sale | Thumbnail 3
    340 North Avenue East | for Sale | Thumbnail 4
    Building Size: 38,000 SF
    Lot Size: 1.152 AC
    Land Size: 50,181 SF
    Building $/SF: $176.32
    Land $/SF: $133.52
    Price
    $6,700,000
    Property Highlights
    Fully leased to good credit tenants with long term leases
    Constructed in 1984
    Recently renovated restrooms and hallways on each floors
    Well maintained
    41 parking ratio
    Minutes to downtown Cranford
    Taxes $134,455.44 2020
    Description

    Fully Leased, Three Story Office Building for Sale

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Newark History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Cranford Area Market Trends

    Listing Demographics for 340 North Avenue East Cranford, NJ 07016

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,510171,408469,417
    Population Median Age414039
    Population by Age0-9 Yrs2110 (11%)19634 (11%)57630 (12%)
    10-19 Yrs2290 (12%)21106 (12%)59593 (12%)
    20-29 Yrs2041 (11%)20797 (12%)57736 (12%)
    30-39 Yrs2720 (14%)22632 (13%)62682 (13%)
    40-49 Yrs2229 (12%)23341 (13%)65683 (13%)
    50-59 Yrs2529 (13%)25481 (14%)69362 (14%)
    60-69 Yrs2111 (11%)19621 (11%)50899 (10%)
    70+ Yrs2481 (13%)18797 (10%)45832 (9%)
    Median HH Income$98,418$90,285$81,617
    Total Household Income< 24K808 (11%)7406 (12%)22062 (13%)
    25-49K899 (12%)8857 (14%)27648 (16%)
    50-74K1100 (15%)9403 (15%)25916 (15%)
    75-99K792 (11%)8412 (13%)21531 (13%)
    100-199K2272 (32%)18554 (30%)43935 (27%)
    200K+1227 (17%)8988 (14%)21559 (13%)
    Highest Education LevelNo Diploma9001107738625
    Diploma or GED27053273195373
    Some College23252085554456
    Assoc. Degree759771718865
    Bachelors Degree42072934570742
    Higher Degree23901836045728
    Total Housing Units7,51565,091172,867
    --Owner-Occupied4,58441,53897,044
    --Renter-Occupied2,51420,08265,607
    Owner-Occupied Values< 100K5210632500
    100-199K24034568064
    200-299K10151006323058
    300-399K9611115925817
    400-499K931621513388
    500K+1386958224217
    Total Working Age Population14,930138,787375,749
    In Work Force10,33194,702256,083
    Not In Work Force4,59944,085119,666
    Workforce Employed9,64289,319241,755
    Workforce Unemployed6755,28914,071
    Civlian Workforce10,31794,608255,826
    Military Workforce1494257
    Total Households7,09961,620162,651
    Family Households4,80243,817116,524
    Non-Family Households2,29617,80346,127
    Married Couple3,62432,20882,542
    Other Family1,17811,60933,982
    Married w/Child1,62714,28137,821
    Single Male w/Child1701,3174,199
    Single Female w/Child3703,85011,464

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Essex County793,633-1783,969+3808,300+3829,800
    Middlesex County750,162+8809,858+8873,400+7932,200
    Morris County470,212+5492,276+3509,100+5535,600
    Union County522,541+3536,499+7573,000+6605,600
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Richmond County443,728+6468,730+3481,351+1488,119

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 340 North Avenue East in Cranford?
    The asking price for 340 North Avenue East is $6,700,000
    What is the building size of this Office property in Cranford, NJ?
    The size of the building/unit at 340 North Avenue East in Cranford is 38,000 square feet
    How much land does the Cranford, NJ property at 340 North Avenue East include?
    340 North Avenue East in Cranford includes 1.152 acres of land
    What kind of Office is the propery at 340 North Avenue East?
    The property at 340 North Avenue East Cranford, NJ 07016 is listed as a Professional Office property
    What is the population within 1 mile of 340 North Avenue East in Cranford?
    The population within 1 mile of 340 North Avenue East Cranford, NJ 07016 is 18,510 people.
    Who do I contact for questions about 340 North Avenue East?
    You should contact the listing agent, Douglas Sitar , for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    10 McKinley Street, Linden, NJ $1,755,000 13000 -
    658 Ridgewood Road, Maplewood, NJ $1,250,000 4160 -
    86 Chancellor Avenue, Newark, NJ $279,000 1500 0.3
    701 Amboy Avenue, Woodbridge Township, NJ $1,300,000 5000 0.2
    2124 Oak Tree Road, Edison, NJ $5,950,000 18300 3.6
    135 Industrial Road, Berkeley Heights, NJ $11,265,785 52399 3.49
    304 Maple Avenue, South Plainfield, NJ $425,000 2000 0.26
    33 Evergreen Place, East Orange, NJ CALL 42800 0.7
    284 Elm Street, Newark, NJ CALL 7800 -
    1100 U.S. 22, North Plainfield, NJ $1,550,000 12605 0.66

    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 7
    La Guardia Airport (LGA) 24
    John F Kennedy International Airport (JFK) 27
    Price
    $6,700,000
    Listing Agent
    More listings from Douglas Sitar
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Landscape •
    Wind Rose Landscaping LLC logo
    • Title Company •
    Icon Title Agency logo
    Talk to an escrow officer today!

    Share